The resignation of International Monetary Fund head Dominique Strauss-Kahn promises to set off a succession battle to lead the global lender pitting the developing world against the West.

The leading contender appears to be French finance minister Christine Lagarde, but emerging economic powers could press for an end to the long-standing Western dominance of the institution, with Turkish former UN official Kemal Dervis also said to be near the top of the list.

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